Mason Capital Takes New Position in BORR Stock, Buys 2.2 Million Shares, According to Recent SEC Filing

On February 17, 2026, Mason Capital Management LLC disclosed a caller presumption successful Borr Drilling Limited (NYSE:BORR), acquiring 2,182,136 shares successful an estimated $8.79 cardinal commercialized based connected quarterly mean pricing.

According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, Mason Capital Management LLC established a caller presumption successful Borr Drilling Limited, purchasing 2,182,136 shares. The estimated transaction worth was $8.79 cardinal based connected the mean stock terms during the filing quarter. The fund’s quarter-end involvement successful Borr Drilling Limited was valued astatine $8.79 million, with 9 full positions reported.

Mason Capital’s caller presumption successful Borr Drilling Limited represented 1.57% of its reportable assets nether absorption arsenic of December 31, 2025.

Top holdings aft the filing:

• NYSE:ATS: $428.62 cardinal (76.3% of AUM)

• NYSE:BKD: $38.69 cardinal (6.9% of AUM)

• NASDAQ:SOLS: $30.79 cardinal (5.5% of AUM)

• NYSE:CCO: $21.72 cardinal (3.9% of AUM)

• NYSE:JBS: $18.83 cardinal (3.4% of AUM)

As of February 17, 2026, shares of Borr Drilling Limited were priced astatine $5.43, up 78.6% implicit the anterior year, outperforming the S&P 500 by 62.68 percent points.

• Operates a fleet of jack-up drilling rigs, providing offshore drilling services and related instrumentality for shallow-water lipid and state exploration and production.

• Generates gross chiefly done semipermanent contracts with lipid and state companies, charging for rig usage, unit services, and associated operational support.

• Serves integrated lipid majors, nationalist lipid companies, and autarkic exploration and accumulation firms crossed planetary offshore markets.

Borr Drilling Limited is simply a planetary offshore drilling contractor specializing successful shallow-water jack-up rigs, with a important operational fleet and a absorption connected ratio and safety. The institution leverages its modern rig portfolio and method expertise to conscionable the evolving needs of lipid and state clients.

Mason Capital, a New York-based hedge fund, precocious disclosed a acquisition of much than 2.1 cardinal shares of Borr Drilling, an vigor stock. Here are immoderate cardinal takeaways for investors.

First, Borr banal has been connected occurrence recently. Led by the accelerated emergence successful lipid prices, Borr banal has precocious by astir 150% implicit the past 12 months.

Much of this occurrence is linked to the rising request for the company’s jack-up drilling rigs, which is besides affected by the rising terms of crude oil. However, determination are besides company-specific reasons for the stock’s performance.